OrangeDX Raises $1.5M in Funding

OrangeDX

OrangeDX, a Majuro, Marshall Islands-based company that allows users to trade, swap, bridge, and launch BRC20 projects, raised $1.5M in funding.

Backers included GBV Capital, Odiyana Ventures, Triple Gem Capital, , Nxgen, X21 , Spicy Capital, Alphabit Fund, FundLand Capital, and others.

The company intends to use the funds to expand operations and its development efforts.

OrangeDX allows users to trade, swap, bridge, and launch BRC20 projects. At the core of OrangeDX is a native DEX aggregator, a feature designed to provide users with access to trading opportunities. It fosters new projects through an Initial Liquidity Offering(ILO) mechanism to simplify access to the vast spectrum of the DeFi world while ensuring security measures.

FinSMEs

19/03/2024